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Nov 6, 2013
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our next guest suggests obama supporters should be careful what they wish for. people paying their new premium bills beginning in january instead of having that money to spend at storrs like walmart and target could strike a blow to the economy down the sglood yeah, joining us is todd buchholz former white house economic adviser to the first president bush also with us our own steve liesman. gentlemen, good to see you. >> good to be here, maria. >> explain the theory. >> well, look, if obama care fails because of the website, well, then that's terrible for the president. let's say it succeeds and give it the benefit of the doubt and say the president is right and 30 million people sign up, and they start getting insurance, but they start paying premiums. those premiums maybe they'll be a bargain, $100, $200 a month. >> they haven't been a bargain. i see your point. >> let's give the president all the credit and say it's going to work. that's by my calculations about $77 billion of spending by consumers that they won't have to spend at mcdonald's and target and f
our next guest suggests obama supporters should be careful what they wish for. people paying their new premium bills beginning in january instead of having that money to spend at storrs like walmart and target could strike a blow to the economy down the sglood yeah, joining us is todd buchholz former white house economic adviser to the first president bush also with us our own steve liesman. gentlemen, good to see you. >> good to be here, maria. >> explain the theory. >> well,...
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Nov 8, 2013
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if you think this is annex obama scare scandal, you're wrong. the fundamental funding of affordable care act does not depend on this reinsurance program. in fact, harry reid proposed just what maria bartiromo proposed, which is to put it off for a year or two and the republicans said no. >> doesn't this undercut the revenue to be raised by the new law? >> it only undercuts the revenue for the re-insurance plan, which is a temporary three-year measure to help protect insurers who have a lot more customers but probably more sick people, so they want to backstop re-insurance plan and it will very partially, partially undercut that. >> we may disagree with the concept of exempting certain entities in this case, but are we making too much of a small portion of the revenue stream, as jared suggests? >> all of these are small in the sense that taxes on anybody are not so confiscatory that it falls apart. you're talking about roughly $180 million over a two-year period which is 2015 and '16. if you think $680 million is a small number, then you're proba
if you think this is annex obama scare scandal, you're wrong. the fundamental funding of affordable care act does not depend on this reinsurance program. in fact, harry reid proposed just what maria bartiromo proposed, which is to put it off for a year or two and the republicans said no. >> doesn't this undercut the revenue to be raised by the new law? >> it only undercuts the revenue for the re-insurance plan, which is a temporary three-year measure to help protect insurers who...
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Nov 4, 2013
11/13
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and there obama care is designed to raise the bill. it is designed to cover people and say, spend more on health. it's going to drive things north. on top of that are insurance costs. we're seeing dramatic increases in the cost of insurance, particularly for the group they need the most. the young and healthy who are supposed to pay the bills of the others. >> remember, health care insurance -- >> it's not going to get better. this is not about the website. this is this is about the fundamentals. >> health care costs have been slowing -- >> michael, do you think the younger citizens out there, as concerned as they are about the cost of health care, are going to be the ones willing to pay the costs -- pay a higher premium to help out their older sicker brothern. >> they're not doing it to help out the older -- >> that's the basis of the program. >> they're not doing it, michael. >> well it's not happening yet. this is the early stages -- >> we raised the price. they can do the arithmetic. anyone making more than $25,000 is going to say
and there obama care is designed to raise the bill. it is designed to cover people and say, spend more on health. it's going to drive things north. on top of that are insurance costs. we're seeing dramatic increases in the cost of insurance, particularly for the group they need the most. the young and healthy who are supposed to pay the bills of the others. >> remember, health care insurance -- >> it's not going to get better. this is not about the website. this is this is about the...
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Nov 14, 2013
11/13
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i don't think we need to do it. >> is this bill clinton who moved obama's hand on this? >> i have no where had what the political calculus was. >> president clinton said this this week. >> he did. he did say that. i can't tell you if they're connected or not. >> i think it's more the vote they faced in the house tomorrow that moved his hand on this one. >> the house is irrelevant. upton's bill is just more republican obstructionism. it doesn't mean anything. nobody's going to pay it any attention. >> howard, these guys were going to be put on the record as having voted against the president in this particular case. they didn't want to have to do that. >> right. this is all washington politics, though. i'm looking at the structural changes in the insurance market. i think we can still do this. i don't like the idea of delaying it. i think we can make a lot of progress, paper, pencil and call lines. and i think we can still make this thing work. >> we'll see. >> howard, good to talk with you. thank you so much, stan. gentlemen, thanks zblmpk sthank >>> 15 minutes before th
i don't think we need to do it. >> is this bill clinton who moved obama's hand on this? >> i have no where had what the political calculus was. >> president clinton said this this week. >> he did. he did say that. i can't tell you if they're connected or not. >> i think it's more the vote they faced in the house tomorrow that moved his hand on this one. >> the house is irrelevant. upton's bill is just more republican obstructionism. it doesn't mean anything....
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Nov 20, 2013
11/13
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they see maybe obama's a little weak. let's take a real stance going into mid term elections in 2014. i think all bets are off the table, what really happens. >> obama care and the mess it's been, maybe that gives the gop some leverage. >> or at least it takes the debt ceiling off the table, you know, who needs to worry about that when we have obama care we can pick on at this point. >> correct. >> allen, what happened today? i mean, i don't know if we can still technically show the charts i had planned here, but at 2:00 when a gain for the markets turned south. i mean, we saw some selling as soon as the fed minutes came out at 2:00 eastern time. >> look at the chart. >> the dow was down by 100 points at the low. we've come off that. the yield and ten-year were up. we almost got to 2.80. we're at 2.70 right now. the dollar index,fy saw it correctly, yes, went higher today. what was about the fed minutes that spooked the market today? >> it's again, back to that tapering. they were concerned they would taper in december. l
they see maybe obama's a little weak. let's take a real stance going into mid term elections in 2014. i think all bets are off the table, what really happens. >> obama care and the mess it's been, maybe that gives the gop some leverage. >> or at least it takes the debt ceiling off the table, you know, who needs to worry about that when we have obama care we can pick on at this point. >> correct. >> allen, what happened today? i mean, i don't know if we can still...
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Nov 13, 2013
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thank you, bertha. >> let's get reaction to the obama care numbers. we also talk about what's going on in the mortgage business. tim sloan, wells fargo chief financial officer, and of course we'll talk about the housing industry, but first, i saw you nodding your head when bertha showed the california number. that appeared to be the highest enrollment in the country there. no surprise for you in your state there. >> there's a lot of people in california. >> yes, but -- >> a lot of people need health care. >> we would have expected that in some other states like texas, too. >> i think that's right. i mean, our biggest concern as it relates to obama care is how it affects our customers and how it affects our team members. doesn't directly affect our team members because we have a good health benefit plan but we want to make sure they're informed in terms of their options. we've had to make some changes in our health plans to make sure we don't have a cadillac plan. but other than, that our biggest focus is how it affects our customers. >> what about the
thank you, bertha. >> let's get reaction to the obama care numbers. we also talk about what's going on in the mortgage business. tim sloan, wells fargo chief financial officer, and of course we'll talk about the housing industry, but first, i saw you nodding your head when bertha showed the california number. that appeared to be the highest enrollment in the country there. no surprise for you in your state there. >> there's a lot of people in california. >> yes, but --...
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Nov 22, 2013
11/13
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with obama care. you can't have it all ways. you can't have the people extend their coverage, get the risk pool necessary to keep premiums as low as possible and provide coverage to people who can't afford to to begin with. somebody has to be left out. and you seem to be suggesting that it's not acceptable. what i'm suggesting are the fears are overwrought. would he looked at this question. there are mechanisms that offset that. we know these people were promised the opportunity to renew. health insurers are renewing small businesses, so why not to them? it's a disservice. >> the coverage that people want, a lot of the new plans, they're getting things they don't need. if they don't do that and help individuals to avoid catastrophe, financial catastrophe, why is it good policy to allow these plans to continue? >> these are not junk insurance. california has very strong coverage mandates in effect. in fact, these plans already provide the additional benefits under the first wave of obama care reform. people are angry because they
with obama care. you can't have it all ways. you can't have the people extend their coverage, get the risk pool necessary to keep premiums as low as possible and provide coverage to people who can't afford to to begin with. somebody has to be left out. and you seem to be suggesting that it's not acceptable. what i'm suggesting are the fears are overwrought. would he looked at this question. there are mechanisms that offset that. we know these people were promised the opportunity to renew....
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Nov 15, 2013
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. >>> insurance executives are moments away from that meeting with president obama over his obama care fix. we'll bring you all of the developments as soon as they happen. plus, we'll look at why this move could end up resulting in higher premiums for the rest of us. >>> todd shellen berger says forget housing recovery. homeownership is for suckers. his words, not mine. up next, he'll defend that controversial statement which was all the buzz on cnbc.com. >>> and then the main event itself. they've been training all day, all week, maybe their whole careers. now seema mody and dominic chu are ready to rumble on what's the best investment right now, high dividend payers or high growth stocks? do not miss this epic battle coming up on the "closing bell." jackie: there are plenty of things i prefer to do on my own. but when it comes to investing, i just think it's better to work with someone. someone you feel you can really partner with. unfortunately, i've found that some brokerage firms don't always encourage that kind of relationship. that's why i stopped working at the old brokerage, a
. >>> insurance executives are moments away from that meeting with president obama over his obama care fix. we'll bring you all of the developments as soon as they happen. plus, we'll look at why this move could end up resulting in higher premiums for the rest of us. >>> todd shellen berger says forget housing recovery. homeownership is for suckers. his words, not mine. up next, he'll defend that controversial statement which was all the buzz on cnbc.com. >>> and then...
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Nov 18, 2013
11/13
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and when it comes to obama care, you psd, you know, they keep pushing back. you were right on "meet the press." and you shouldn't let them push back. the truth is the truth, maria. truth to power. >> thank you, rick. >> joe, i mean, the way the markets work, they anticipate something down the road. and history would suggest that the record highs we've seen this year is the market anticipating a better economy down the road. you don't think that's what's happening right now? >> i do think that's what's happening. if you look over the past year, it's been the uncertainty of the tax and over the past few months we've gotten more clarity. first it was who would take over for berp nan i can. then the pace of economic growth. and europe and japan. as we continue to get a little more clarity and the pace of economic growth stabilizes, i think that allows risk assets to move higher. >> i would agree, if i can jump in. i agree with a lot of things rick said. i think rick's right. as long as we've got low interest rates, it's likely the fed within the next three to six
and when it comes to obama care, you psd, you know, they keep pushing back. you were right on "meet the press." and you shouldn't let them push back. the truth is the truth, maria. truth to power. >> thank you, rick. >> joe, i mean, the way the markets work, they anticipate something down the road. and history would suggest that the record highs we've seen this year is the market anticipating a better economy down the road. you don't think that's what's happening right...
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Nov 11, 2013
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amid the obama care mess, budget talks are heating up on capitol hill. democrats are taking aim at some tax breaks they say are only benefiting wealthy americans. we'll tell you what's at stake and what taxes may be going up if they get their way. >> washington state is giving boeing in millions in incentives to stay put. meanwhile, office depot is threatening to move its headquarters out of illinois unless it gets millions in tax credits. illinois, though, is pushing back. should states give tax breaks to keep jobs and businesses inside their borders? that debate still to come on the "closing bell." [ imitating car engine ] that's mine. ♪ that's mine. that's mine. ♪ come on, kyle. ♪ [ horn honks ] that's mine...kyle. [ male announcer ] revenge is best served with 272 horses. get the best offers of the season now. lease this 2014 ats for around $299 a month with premium care maintenance included. ♪ ♪ there'll be the usual presentations on research. and development. some new members of the team will be introduced. the chairman emeritus will dist
amid the obama care mess, budget talks are heating up on capitol hill. democrats are taking aim at some tax breaks they say are only benefiting wealthy americans. we'll tell you what's at stake and what taxes may be going up if they get their way. >> washington state is giving boeing in millions in incentives to stay put. meanwhile, office depot is threatening to move its headquarters out of illinois unless it gets millions in tax credits. illinois, though, is pushing back. should states...
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Nov 26, 2013
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. >> still to come, its been a rough couple of months for president obama and white house staff. coming up, we'll talk to one of his departed, chief economist alan krueger for an inside look about what went right and what went wrong. >>> ten minutes left in the trading session. we were up the last hour, about a 40-point gain on the dow. starting to lose steam there. it's going to be like that because of the holidays and maybe the weather. dow still up 15 point with the nasdaq above 4,000. joining us, paul schautz and bob kelfan. thank you for joining us today. i said earlier, we had gusts on, everybody was bullish, that makes me nervous. you like this market as well. does that make you nervous to have all this bullishness in the market right now? >> sentiment is at rally-ending levels. it's not a bull market anymore but sentiment, if it wasn't the end of november, i think you would have much bigger problem in markets. it's tough to see any significant peak in late in the year, especially to have the market roll over hard. that's why everyone is bullish, because of history. sentim
. >> still to come, its been a rough couple of months for president obama and white house staff. coming up, we'll talk to one of his departed, chief economist alan krueger for an inside look about what went right and what went wrong. >>> ten minutes left in the trading session. we were up the last hour, about a 40-point gain on the dow. starting to lose steam there. it's going to be like that because of the holidays and maybe the weather. dow still up 15 point with the nasdaq...
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Nov 27, 2013
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finally, obama care. you know, kelly, it always does well for us. that's a subject that our readers just love to investigate. this time we have a write-up of the analyst on the kudlow show, talking about rationing health care under the new system. a touchy topic and our readers are very interested in it. >> rationing in there, i'm not terribly surprised. i think i'll have to read that one myself. thanks very much. we hope you'll battle the actual traffic and come out okay as well as the internet traffic he battles every day. love it. >> how come he was the lucky one that was allowed to stay at the mothership and we were all shipped down here. >> you love traveling in the rain the day before thanks giving. >> and having a panic attack because i wouldn't make it at the top of the show. love that. >> i have a question about retail, though. in terms of managing inventory, that seems key to me. i tried to do christmas shopping online today and everything was sold out. >> you found actually they're undersupplied. in is something. we've seen a theme that i
finally, obama care. you know, kelly, it always does well for us. that's a subject that our readers just love to investigate. this time we have a write-up of the analyst on the kudlow show, talking about rationing health care under the new system. a touchy topic and our readers are very interested in it. >> rationing in there, i'm not terribly surprised. i think i'll have to read that one myself. thanks very much. we hope you'll battle the actual traffic and come out okay as well as the...
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Nov 20, 2013
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stick around for our heat debate on amazon. >>> rebranning obama care. the original mad man, jerry della femina has a few tips on is that and wait until you hear what he says the president needs to do to boost his approval rating. became big business overnight? ♪ ♪ like, really big... then expanded? ♪ ♪ or their new product tanked? ♪ ♪ or not? what if they embrace new technology instead? ♪ ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. in a world that's changing faster than ever we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through we say: let's get to work. because the future belongs to those who challenge the present. (vo) you are a business pro. maestro of project management. baron of the build-out. you need a pe
stick around for our heat debate on amazon. >>> rebranning obama care. the original mad man, jerry della femina has a few tips on is that and wait until you hear what he says the president needs to do to boost his approval rating. became big business overnight? ♪ ♪ like, really big... then expanded? ♪ ♪ or their new product tanked? ♪ ♪ or not? what if they embrace new technology instead? ♪ ♪ imagine a company's future with the future of trading. company profile. a...
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Nov 21, 2013
11/13
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obama care leaving mill len yals dazed and confused. i'll talk with the head of a major health care provider about that. stay with us. , we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present. [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade. [ male announcer ] this december, experience the gift of exacting pre
obama care leaving mill len yals dazed and confused. i'll talk with the head of a major health care provider about that. stay with us. , we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to...
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Nov 18, 2013
11/13
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. >>> also ahead, obama care, is it just turning health care upside down? new data says it's turning the jobs market to a more part-time instead of full-time workforce. a lot can happen in a second. with fidelity's guaranteed one-second trade execution we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. i'm beth... and i'm michelle. and we own the paper cottage. it's a stationery and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing app from ink. we didn't get into business to spend time managing receipts that's why we have ink. we like being in business because we like being creative we like interacting with peo
. >>> also ahead, obama care, is it just turning health care upside down? new data says it's turning the jobs market to a more part-time instead of full-time workforce. a lot can happen in a second. with fidelity's guaranteed one-second trade execution we route your order to up to 75 market centers to look for the best possible price -- maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our...
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Nov 15, 2013
11/13
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president obama and insurance ceos still meeting at the white house to discuss surprise changes to obama care. john harwood, is it a good sign or bad sign the longer this goes on? john harwood, are you with us? john harwood is at the white house, but i do not think he can hear us -- >> reporter: yes, john harwood. welcome back to "closing bell." we're still waiting at the white house for insurance executives to come out of the meeting. we don't know exactly what they're going to say and what sort of business was transacted, but we don from what president obama said at the outset, that they're trying to work together to figure out not just the fixes for people who had existing policies, but also for how to make people understand their options on these exchange websites, which don't know work. here's the president. >> because of choice in competition, a whole lot of americans who have always seen health insurance out of risk -- or out of reach are going to be in a position to purchase it. and because of the law, we'll also be able to provide them help even if they are still having trouble
president obama and insurance ceos still meeting at the white house to discuss surprise changes to obama care. john harwood, is it a good sign or bad sign the longer this goes on? john harwood, are you with us? john harwood is at the white house, but i do not think he can hear us -- >> reporter: yes, john harwood. welcome back to "closing bell." we're still waiting at the white house for insurance executives to come out of the meeting. we don't know exactly what they're going to...
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Nov 25, 2013
11/13
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people are diving into this obama care story we have. obama care is a big puller for us. right now this story is getting a lot of attention. one of our reporters found out about a book doorway to sign up for obama care. you'll be amazed. it means picking up the phone, talking to an actual person. but people are loving this one. now, i've got a little horse race going on because you did an interview, you were part of an interview earlier this morning on "squawk on the street," kelly. you talked to a technical analyst about apple stock and how it might be losing some shine and competitive threats it faces. it's a big puller, too. it's beginning to lose a little steam. people are back out of it now and jumping into a piece we have written up by diana olick touching on an interview you did earlier with robert frank about chinese money coming to the united states. she took a look at all the buying going on in a california neighborhood, how they're investing in real estate as an investment but also as a way of giving their kids something to work on. to live with while being edu
people are diving into this obama care story we have. obama care is a big puller for us. right now this story is getting a lot of attention. one of our reporters found out about a book doorway to sign up for obama care. you'll be amazed. it means picking up the phone, talking to an actual person. but people are loving this one. now, i've got a little horse race going on because you did an interview, you were part of an interview earlier this morning on "squawk on the street," kelly....
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Nov 13, 2013
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also coming up, fixing obama care. we now know that the law is falling well short of the goals of signing people up. now growing number of congressional democrats are pushing the president to do what bill clinton said yesterday, let people keep their plan if they like their plan. but can you do that without undermining the law? john horwitz says no and he's here to explain why. iron mike tyson is in the house. we'll discuss his new tell-all book about his rise, fall and rise again. also talk about his new hbo documentary on how he got off the ropes after bankruptcy and rebuilt his financial life. he's joining us coming up. the american dream is of a better future, a confident retirement. those dreams, there's just no way we're going to let them die. ♪ like they helped millions of others. by listening. planning. working one on one. that's what ameriprise financial does. that's what they can do with you. that's how ameriprise puts more within reach. ♪ welcome back. how is everything? there's nothing like being your o
also coming up, fixing obama care. we now know that the law is falling well short of the goals of signing people up. now growing number of congressional democrats are pushing the president to do what bill clinton said yesterday, let people keep their plan if they like their plan. but can you do that without undermining the law? john horwitz says no and he's here to explain why. iron mike tyson is in the house. we'll discuss his new tell-all book about his rise, fall and rise again. also talk...
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Nov 19, 2013
11/13
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. >>> potential headache for president obama. a report today the census bureau made up data in an important jobs survey leading up to the 2012 presidential election. details on this controversy coming up. stay with us. ♪ norfolk southern what's your function? ♪ hooking up the country helping business run ♪ ♪ build! we're investing big to keep our country in the lead. ♪ load! we keep moving to deliver what you need. and that means growth, lots of cargo going all around the globe. cars and parts, fuel and steel, peas and rice, hey that's nice! ♪ norfolk southern what's your function? ♪ ♪ helping this big country move ahead as one ♪ ♪ norfolk southern how's that function? ♪ became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. >>> not a big move for the overall market. dow down eig
. >>> potential headache for president obama. a report today the census bureau made up data in an important jobs survey leading up to the 2012 presidential election. details on this controversy coming up. stay with us. ♪ norfolk southern what's your function? ♪ hooking up the country helping business run ♪ ♪ build! we're investing big to keep our country in the lead. ♪ load! we keep moving to deliver what you need. and that means growth, lots of cargo going all around the...
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601
Nov 26, 2013
11/13
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. >>> alan krueger, former head of president obama council of economic advisers. what he really thinks about obama care and the minimum wage. . [ grandma ] with new fedex one rate, i could fill a box and ship it for one flat rate. so i knit until it was full. you'd be crazy not to. is that nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. [ttdd# 1-800-345-2550 can take you in many directions. searching for trade ideas that spark your curiosity tdd# 1-800-345-2550 you read this. watch that. tdd# 1-800-345-2550 you look for what's next. tdd# 1-800-345-2550 at schwab, we can help turn inspiration into action tdd# 1-800-345-2550 boost your trading iq with the help of tdd# 1-800-345-2550 our live online workshops tdd# 1-800-345-2550 like identifying market trends. tdd# 1-800-345-2550 now, earn 300 commission-free online trades. call 1-888-628-2419 or go to schwab.com/trading to learn how. tdd# 1-800-345-2550 sharpen your instincts with market insight from schwab tdd# 1-800-345-2550 experts like liz ann sonders and randy
. >>> alan krueger, former head of president obama council of economic advisers. what he really thinks about obama care and the minimum wage. . [ grandma ] with new fedex one rate, i could fill a box and ship it for one flat rate. so i knit until it was full. you'd be crazy not to. is that nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. [ttdd# 1-800-345-2550 can take you in many directions. searching for trade ideas that spark your...
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625
Nov 8, 2013
11/13
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this raised questions about obama administration's response. >> the rest of the market doing well. green arrows making a comeback as we wrap up another good week for the bulls. dominic chu running through the big movers and shakers. >> let's start off with the winners for the week. gap, up about 12%. the apparel retail reported solid gains in sales for october and gave an upbeat outlook for third quarter. also a good week for microsoft as well. up about 6% to a 12-year high. the company said it narrowed down its search to five candidates to replace ceo steve ballmer. also negative report on earnings. tesla losing 15% of its value as quarterly earnings disappointed investors and a third model s car caught fire and caught a lot of investors' attention. the third time in six weeks here. the national highway transportation traffic safety administration just put out a statement saying they were in close contact with tesla and local authorities gathering information on that particular incident. and blackberry, of course, falling 15% as well. this on news it was no longer for sale at $9 a
this raised questions about obama administration's response. >> the rest of the market doing well. green arrows making a comeback as we wrap up another good week for the bulls. dominic chu running through the big movers and shakers. >> let's start off with the winners for the week. gap, up about 12%. the apparel retail reported solid gains in sales for october and gave an upbeat outlook for third quarter. also a good week for microsoft as well. up about 6% to a 12-year high. the...
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Nov 12, 2013
11/13
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, he was candidate obama, and a lot of the money from jpmorgan moved to obama, and the same thing that goldman sachs where gary cohen was an original obama supporter, a lot of the money moved to the eventual president. but larry's interesting, larry fink, because the game, i think, for him is becoming treasury secretary. liz: right. >> now, that is, in my view, a thankless job particularly now that you have so much economic problems, and you have a lot on your plate. you're working 24 hours a day. but people who know larry fink, he desperately still wants to be treasury secretary. he basically didn't get the call this time around, and his connections, he does have connections to hillary clinton. he knows a lot of people that could put him in touch with her -- liz: okay. but would she pick a wall street person? i'm sure larry's eminently qualified, i'm just wondering whether anyone wants to withstand the scrutiny -- >> you know, i think her and her husband are a hitting different. bill clinton, as you know, picked wall street guys. bob rubin and larry summers. and be i think -- and his
, he was candidate obama, and a lot of the money from jpmorgan moved to obama, and the same thing that goldman sachs where gary cohen was an original obama supporter, a lot of the money moved to the eventual president. but larry's interesting, larry fink, because the game, i think, for him is becoming treasury secretary. liz: right. >> now, that is, in my view, a thankless job particularly now that you have so much economic problems, and you have a lot on your plate. you're working 24...
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Nov 15, 2013
11/13
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president obama has, indeed, just come out of a meeting with the insurance agency companies. here is what we are sharing. >> all share a similar problem. americans have good, solid covers that gives them the security that they need for themselves and their family members. even when they get sick. the man is out there for that. we have despite all the problems with the website. blocked from seeing. you know, benefits that are available in the marketplace. brainstorming on how we make sure. the competition, whole lot of americans you're always see health insurance out of reach will be in a position to purchase it. we will deal to provide them help if there still having shovel purchasing an insurance, but they have to know. appreciate all these folks coming in. you will be soliciting ideas we want to make sure that we get this done in the years to come. every american is going to the kind of affordable health care they do, everybody. liz: the president speaking at the white house surrounded by insurance company executives to have said that the reversal would cause some -- and i'
president obama has, indeed, just come out of a meeting with the insurance agency companies. here is what we are sharing. >> all share a similar problem. americans have good, solid covers that gives them the security that they need for themselves and their family members. even when they get sick. the man is out there for that. we have despite all the problems with the website. blocked from seeing. you know, benefits that are available in the marketplace. brainstorming on how we make sure....
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Nov 19, 2013
11/13
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president obama is speaking at the event right now. let's go inside the council with peter barnes who's there in washington d.c. peter, it's a great assignment. >> reporter: yeah, that's right, liz. we're at the four seasons hotel. not the ritz, but still a very nice hotel. and, listen, the president is here batting cleanup after sending pretty much all the top players on his economic team in to talk to more than 100 ceos from some of the top companies in america, federal express, prudential insurance, pepsico, all represented here by their ceos at this annual conference. president basically making his case along with the rest of his team for his economic record and his economic policies right now talking about the need for immigration reform, about the need to make sure that they can reach some kind of agreement on the budget, the debt ceiling later on, those fights in the new year. and one thing that we heard from one participant is that the participants here, the ceos here, are very frustrated by all of the uncertainty created here
president obama is speaking at the event right now. let's go inside the council with peter barnes who's there in washington d.c. peter, it's a great assignment. >> reporter: yeah, that's right, liz. we're at the four seasons hotel. not the ritz, but still a very nice hotel. and, listen, the president is here batting cleanup after sending pretty much all the top players on his economic team in to talk to more than 100 ceos from some of the top companies in america, federal express,...
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Nov 21, 2013
11/13
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. >> the obstruction we've seen from republicans against president obama has reached new heights never dreamed of, never dreamed of, never even come close in the history of the country. >> this was nothing more than a power grab in order to try to advance the obama administration's regulatory agenda, and, you know, they just broke the senate rules. in order to exercise the power grab. >> reporter: so thousand these types -- now these types of nominations will require just 51 votes to clear the senate, but because the fed is an independent branch of government, i do have a couple of e-mails and calls out to confirm that yellen's confirmation -- her follow nation would fall under this new rule. as soon as we get the answer, liz, we'll be with back to you. liz: i know you've been watching the markets too, peter, because you have eyes in the back of your head. we have an unbelievable rally. those who are long the market, pensions and 401(k)s and portfolios, you're loving this right now was the dow -- because the dow is on track to finish at its 40th record high of the year. been there befo
. >> the obstruction we've seen from republicans against president obama has reached new heights never dreamed of, never dreamed of, never even come close in the history of the country. >> this was nothing more than a power grab in order to try to advance the obama administration's regulatory agenda, and, you know, they just broke the senate rules. in order to exercise the power grab. >> reporter: so thousand these types -- now these types of nominations will require just 51...
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Nov 22, 2013
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>> it is possible but the bottom line is president obama is committed to seeing this through. it will ultimately get implemented. it is the law of the land and you have the tail winds. we like to see the dentist baby boomer is about to turn 50 next year. liz: the supreme court upheld it. it was voted in, he was elected the second time. it certainly was an ugly rollout but again if your believe is it will happen there you go down the road. what are you avoiding? >> we are underweight consumer staples, utilities and telecom. essentials the growth head winds, you had evaluation overshoot back earlier this year when people were really reaching for yields but in the environment we are expecting we are expecting higher interest rates and those are the factors that will be sensitive to higher interest rates. liz: he has a great perspective on 2014 and we will paula of julien's ideas on facebook.com/liz claman. ubs's u.s. equity and derivative strategist, told gained at ubs we set high. closing bell 7 minutes away. record day. watch the numbers. wall street is cheering on the dow jone
>> it is possible but the bottom line is president obama is committed to seeing this through. it will ultimately get implemented. it is the law of the land and you have the tail winds. we like to see the dentist baby boomer is about to turn 50 next year. liz: the supreme court upheld it. it was voted in, he was elected the second time. it certainly was an ugly rollout but again if your believe is it will happen there you go down the road. what are you avoiding? >> we are underweight...
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. >> obama one second the reader will next year from fbi special agent in charge, special agent the talk a little bit about the investigation. >> very well. >> david dot pitch, special agent in charge of the fbi. first of three working hand-in-hand with our partners to include the los angeles police department, the l.a. airport police in respect to this investigation. this investigation is ongoing. i will give you very few facts today. we're working with the u.s. attorney's office as well as our partners. will not talk about the victim's today. we still have people that we have to be in contact with in the meantime. we're going to bring -- >> officials in los angeles to be as the story that they know so far, and that is tha a loan rifleman carrying an assault rifle earlier today entered los angeles international airport right there that a passenger screening area and opened fire killing at least one person, reportedly another tsa agent. as a another because the report is that the gunman was a former tsa agent. multiple victims, the gunman is apparently dead. cooper pit. speaking very can
. >> obama one second the reader will next year from fbi special agent in charge, special agent the talk a little bit about the investigation. >> very well. >> david dot pitch, special agent in charge of the fbi. first of three working hand-in-hand with our partners to include the los angeles police department, the l.a. airport police in respect to this investigation. this investigation is ongoing. i will give you very few facts today. we're working with the u.s. attorney's...
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the obama administration is now in this sort of overdrive mode. they're basically telling the public it's holding wall street accountable for its sins, and as you know, following the financial crisis not a single bank, not a single top bank executive really has been, none of them have been indicted or charged. liz: so they're on fox business started e-mailing in on the chime and saying where are the perp walks? >> i like eric, but he's technically wrong about that because there have been plenty of perp walks. steve cohen has not been charged, but michael steinberg -- liz: we did have that video of him -- >> that was a perp walk. matthew martoma. my point is, the bigger point i'm trying to make is there's some publicity value out of this. they're trying to conflate this with the financial crisis. they haven't indicted anybody for the financial crisis crime, and you heard him say this, he almost admitted it, no firm is too big, no bank is too big to go after -- liz: to jail. >> we are proving that by going after sac capital a. liz: who's next? >> wh
the obama administration is now in this sort of overdrive mode. they're basically telling the public it's holding wall street accountable for its sins, and as you know, following the financial crisis not a single bank, not a single top bank executive really has been, none of them have been indicted or charged. liz: so they're on fox business started e-mailing in on the chime and saying where are the perp walks? >> i like eric, but he's technically wrong about that because there have been...